e.l.f. Beauty Expects FY24 Net Sales Of $705M-$720M (Consensus $637.73M), Adjusted EPS Of $1.73-1.76 (Consensus $1.64)
Portfolio Pulse from Benzinga Newsdesk
e.l.f. Beauty forecasts FY24 net sales of $705M-$720M, surpassing the consensus estimate of $637.73M, and adjusted EPS of $1.73-$1.76, higher than the consensus of $1.64.
May 24, 2023 | 8:10 pm
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POSITIVE IMPACT
e.l.f. Beauty's FY24 net sales and adjusted EPS projections exceed consensus estimates, indicating strong growth potential.
e.l.f. Beauty's higher-than-expected FY24 net sales and adjusted EPS forecasts suggest strong growth potential for the company. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100